£95,000

Restaurant for sale

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Leasehold

£95,000

(£77.24/sq. ft)

Restaurant for sale

Broomfield Road, Chelmsford, Essex CM1

1,230 sq. ft

Local area information

Property location

Nearby amenities

  • King Edward VI Grammar School, Chelmsford 0.1 miles
  • Chelmsford 0.2 miles
  • Maltese Road Primary School 0.3 miles
  • Ingatestone 6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Chelmsford to find out more about the local area.

Features and description

  • Leasehold
  • Lic'd Prem & Café (A3&A4)
  • 1230 Approx Sq Ft
  • Leasehold
Description:
Long established Licenced Chinese Restaurant & Take Away. Currently set out for 50 covers, but 60 possible. In a total of some 1,230 sq.ft. Overall. Upper parts with staff mess room. Rear parking for 1 vehicle & a two storey store.

Property

A double fronted property, the ground floor in a total of 1,230 sq.ft. Including the kitchen/washing up area 350 sq.ft. In addition, there are ladies & gents WC's to the rear. Rear parking for 1 vehicle with a 2 storey store in 400 sq.ft. With walk-in fridge & walk-in freezer & outside staff WC. There are 4 staff rooms at 1st floor with a shower room/WC.

Features

Long Established Chinese Restaurant
Approx. 1230 Sq.Ft. Overall
50 Covers (60 Possible)
Rear Stores & Parking
1st Floor Staff/Mess Room
New Lease/Rent £32,500PA

Turnover

The accounts of the business for the year ended 5th April 2024 show sales of £523,466 (£10,000 per week) and an adjusted net profit of £92,770.

Trading Hours

Closed Mondays. Sunday & Tuesday to Thursday 12 noon till 2pm & 5pm till 10pm. Friday & Saturday 12 noon till 2pm & 5pm till 10.30pm.

Tenure

The landlord is willing to grant a new lease, on terms to be agreed, at a rent of £32,500pa.

Business Rates

The 2023 rating assessment shows an adopted value of £21,250, resulting in rates payable of approx. £10,500pa.

Legal Fees

Each party is to be responsible for their own legal fees.

Viewing

All viewing arrangements are by appointment only via Gerard Biagioni on .

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Dedman Gray Property Consultants Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dedman Gray Property Consultants Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Essex
  4. Chelmsford
  5. Broomfield
  6. Broomfield Road